Reference no: EM13736513
On January 1, 2010, Carolinas Corporation had the following stockholders' equity accounts. Common Stock ($20 par value, 60,000 shares issued and outstanding) $1,200,000 Paid-in Capital in Excess of Par Value 200,000 Retained Earnings 600,000 During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $36. July 1 Declared a 10% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $13 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2011. 31 Determined that net income for the year was $350,000. Hint: Prepare dividend entries and stockholders' equity section. (SO 1, 3) Instructions
(a) Journalize the transactions and the closing entry for net income.
(b) Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note: Open additional stockholders' equity accounts as needed.)
(c) Prepare a stockholders' equity section at December 31.
|
Identify the key segmentation variables
: A clock and watch manufacturer realizes that she is operating in the market for machines that measure time. How should this market be segmented? Identify the key segmentation variables that are relevant for this market.
|
|
How would you position the new maserati model
: How would you position the new Maserati model? How would you establish and support this positioning strategy?
|
|
Maslows hierarchy
: Abraham Maslow sought to explain why people are driven by particular needs at particular times. How does Maslow’s theory help marketers? How might you use Maslow’s hierarchy of needs in marketing cell phones in the U.S. versus Haiti (before the earth..
|
|
In what category of research would this study fall
: In what category of research would this study fall? Provide advantages and disadvantages of this category of research. What would be the next step in the marketing research process?
|
|
Journalize the transactions the closing entry for net income
: Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note: Open additional stockholders' equity accounts as needed.)
|
|
Write a class player contain attributes for player
: write a class player contain attributes for the player name average and team.write three functions to input change and display these attributes.also write a constructor that asks for input initilize all the attributes?
|
|
Set up a quadratic optimization problem
: Set up a quadratic optimization problem that will determine the best investment mix, Solve the problem using the MATLAB quadratic optimization routine quadprog. Interpret your results.
|
|
How you might share positive aspects of this religion
: Discuss 2 examples of how you might share positive aspects of this religion with someone else. Do you feel that people discriminate based on religion or political affiliation? Why?
|
|
What was the war on poverty and who instituted it
: What was the War on Poverty? Who instituted it? Ultimately, was this a success or an economic drain on America? Were there any measures not taken that could have added to the success of the program?
|